ASN 4.76% 11.0¢ anson resources limited

ASN Chart, page-46

  1. 5,702 Posts.
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    https://hotcopper.com.au/data/attachments/2240/2240507-5895f817de7912b99b0b3a97128b18ca.jpg
    Still think my previous post / thumbs down was incorrect ?

    Moving along, like I said before, when price extends that far from the top of a BB, with all other indicators maxed out too, there is only one way it can go, unless there was an announcement from left field that was awesome, like a offtaker, as mentioned before.

    Currently, ASN is sitting on the 61 fib support, this is a a very popular area for reversals but not guaranteed, watch out for the indicators to turn up from here, currently 2 of them havnt found a base yet except possibly the RSI, hence the 2 thumbs down, but volume is slowing to a trickle with each red candle getting smaller and smaller, this is a sign that things will potentially turn from here.

    Dow shat itself on Friday, so who knows what comes tomorrow,

    IMO
 
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